He promised an economic boom, so has President Trump got one? New figures show that US economic growth has just hit its best performance for almost four years. Mr Trump has promised 3% annual growth, along with a $1.2 trillion tax cut package. But according to experts, it might not be that easy, as borrowing levels shoot up and…

Shadow Chancellor John McDonnell has told this programme he’s prepared to scrap Labour’s plan for a hike in corporation tax, if there’s another way to raise the money. Most business leaders assume life under a Corbyn-led government will be high taxation and spending, alongside punitive limits on profits and executive pay. So can Mr McDonnell’s…

The EU has urged all member states and stakeholders to prepare for the doomsday scenario that Britain crashes out of Europe without a Brexit deal. There are all sorts of warnings about what that could mean, from hundreds of thousands of job losses to plummeting investment and huge border delays. We look at what the…

The tech giant Google has been fined a record £3.9 billion by the European Commission for breaching anti-trust rules. It follows an investigation into claims that it made smartphone manufactures pre-install Google’s search engine and Chrome browser on Android devices, exploiting its already dominant market share at the expense of smaller developers. Google has denied…

Amid the on-going chaos of Brexit, the government received some grim projections today about the long-term health of the public finances. The Office for Budget Responsibility said the outlook for the national debt was “unsustainable” and a series of tax rises could be needed to bring it back under control. Our Economics Correspondent Helia Ebrahimi…

They voted for Brexit, but are apparently going to be hardest hit when we leave the EU. New research by the think tank, the IPPR, claims that households in Brexit-voting areas will see the steepest fall in income and an increase in the cost of living. We report from the Shropshire town of Telford, identified…

Death by a thousand cuts – that’s what the UK car industry warned could be its fate if it doesn’t get clear government guidance on post-Brexit trading. Today, motor industry bosses said investment has already slumped as the chance of a “no deal” EU departure remains on the table. They also have to deal with…

Exactly eight years ago, George Osborne unveiled an emergency budget that aimed to slash the then mammoth government deficit. Thus the policy of austerity was born, and it has shaped much of this country’s social and political life ever since. But with the Prime Minister announcing more cash for the NHS this week, many Conservatives…

The company behind PC World, Currys and Carphone Warehouse has apologised after revealing that hackers have stolen millions of credit card details from the company, though it says there’s no evidence so far of fraud. It’s the latest, and one of the largest, examples of big companies losing our data, and raises questions about whether…

Ashington in Northumberland was once a thriving mining town, but the thousands of jobs there have long gone – leaving a population struggling to find decent work and stay connected with the wider region and the country as a whole.

The UK economy has grown at its weakest level for six years, up by just point one percent in the first quarter of the year. Downing Street said it was “clearly disappointing”, but insisted the fundamentals of the economy remained strong, while some experts blamed the winter weather. But with construction falling sharply, as well…

They know us better than we know ourselves: that’s the impression you might get from the Facebook data harvesting scandal. And while the crisis has dented the social media giant’s reputation, it has vowed to clean up its act when it comes to users’ personal details. But some of the controls Facebook has brought in…

Wages are growing faster than prices for the first time in just over a year. It marks the end of the squeeze on real incomes that has hobbled the economy, squeezed the consumer and brought misery to much of the high street. So is the economy now in the clear?

We are not afraid of a trade war. That was the tough response from China to the lastest threat of tariffs issued last night by President Trump. He’s told his officials to identify tariffs on another $100bn of Chinese imports, on top of the $50bn of imports he’s already got in his sights.